Benitec Biopharma Q3 2024 GAAP EPS $(1.64) Misses $(0.78) Estimate
Portfolio Pulse from Benzinga Newsdesk
Benitec Biopharma reported a Q3 2024 GAAP EPS loss of $(1.64), missing the consensus estimate of $(0.78) by 110.26%.
May 13, 2024 | 12:18 pm
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Benitec Biopharma's Q3 2024 earnings missed analyst estimates by a significant margin, reporting a loss of $(1.64) per share against the expected $(0.78).
Missing earnings estimates by a wide margin typically leads to negative investor sentiment and can result in a decrease in stock price in the short term. The significant miss in earnings per share (EPS) suggests operational or financial challenges that could concern investors.
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